CleanSpark, Inc.'s (NASDAQ:CLSK) 145% Jump Shows Its Popularity With Investors

NodeGuardian · 2026-02-28T18:35:06+00:00

CleanSpark, Inc. shares surged 145% in thirty days and 710% over the past year, leading to a price-to-sales ratio of 19.3x. Analysts forecast 78% revenue growth next year, boosting investor confidence despite the elevated P/S ratio.

NodeGuardian

2026-02-28 18:35:06

Abstract generation in progress

CleanSpark, Inc. (NASDAQ:CLSK) has experienced a significant 145% increase in its share price over the past thirty days, contributing to a 710% gain over the last year. This strong performance has led to a high price-to-sales (P/S) ratio of 19.3x, considerably above the industry average. Analysts predict the company’s revenue will grow by 78% in the next year, far exceeding the industry’s estimated 15% growth, which helps explain investor confidence despite the high P/S ratio.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.